All Footwear articles – Page 5
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AnalysisData: Which retail sectors will thrive in 2021?
After a stormy 2020 that BRC chief executive Helen Dickinson called the “worst year on record” for retail sales growth, the under-pressure sector is hoping 2021 brings a sunnier outlook
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NewsDr Martens laces up for stock market debut
Dr Martens owner Permira is planning an IPO for the iconic footwear retailer this year.
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NewsLockdown and Black Friday combine to deliver bumper online sales
Online sales rocketed last month to deliver the highest growth in more than a decade, boosted by the impact of lockdown and Black Friday promotions.
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NewsClarks creditors approve CVA opening door to new investment
Clarks’ creditors have approved the company voluntary arrangement proposal it launched earlier this month, allowing it to move the majority of its stores to turnover-based rents and opening the door for external investment.
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NewsJD Sports’ Footasylum deal revived as CMA verdict quashed
JD Sports’ acquisition of Footasylum could be back on after the Competition and Markets Authority’s decision to block the deal was sensationally quashed.
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NewsClarks puts thousands of roles at risk in store management restructure
Clarks has told almost 4,000 UK store staff that their roles are at risk of redundancy as part of radical plans to revive the struggling business.
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NewsClarks launches CVA in bid to close stores as part of rescue deal
Footwear specialist Clarks has launched a CVA in a bid to shutter stores and secure a much needed cash injection from outside investors.
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NewsClarks pension trustees draft in advisors to secure fresh investment
The pension trustees of shoe specialist Clarks have drafted in advisers in a bid to bring fresh investment into the struggling retailer which has been battered by the effects of the coronavirus.
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NewsNike eyes permanent shift online as digital sales soar in lockdown
Nike’s online sales surged during its first quarter as its direct-to-consumer strategy bore fruit during lockdown.
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NewsLunchboxes, tablets and growth spurts drive back-to-school sales surge
As children return to school this week after six months away, John Lewis and M&S recorded sales jumps across stores and online as parents prepped for the new academic year.
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NewsClarks moves step closer to minority stake sale with investors
Struggling family-run shoe chain Clarks has seen interest from multiple parties to help inject cash into the business.
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NewsShoe Zone swings to half-year loss as it closes 20 stores
Shoe Zone has reported a half-year loss and a fall in sales as it unveils plans to reduce the size of its store estate to cut costs.
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NewsAldo falls into administration amid coronavirus troubles
The UK division of Canadian footwear specialist Aldo has collapsed into administration, blaming its travails on the impact of the coronavirus pandemic.
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NewsClarks to shed 700 jobs as it launches new global strategy
Footwear specialist Clarks has said it will cut 700 jobs globally over the next 18 months as it launches a new strategy designed to future-proof the ailing business.
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NewsCMA blocks JD Sports-Footasylum merger despite coronavirus uncertainty
Following a phase two investigation, the CMA found the merger would “lead to a substantial lessening of competition nationally” in the footwear sector and would leave customers with “fewer discounts or receiving lower quality customer service”.
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NewsCMA holds firm on JD Sports-Footasylum acquisition despite coronavirus crisis
The Competition and Markets Authority (CMA) is set to maintain its stance on JD Sports’ acquisition of Footasylum despite the damaging impact coronavirus has had on the latter’s finances.
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NewsSchuh resumes online trading with ‘exhaustive welfare measures’ in place
Footwear specialist Schuh has resumed trading online after putting in place “exhaustive welfare measures” to protect staff from coronavirus.
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NewsClarks to permanently close some UK stores as it mulls new financing options
Struggling footwear specialist Clarks has drawn up plans to permanently close some of its stores after drafting in bankers to review its finances.
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NewsSchuh closes online operations to ensure staff ‘safety’ amid coronavirus outbreak
Schuh is temporarily shuttering its online operation alongside store closures “to ensure the safety of our teams and customers”.
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NewsCoronavirus: Clarks to temporarily close all UK stores
Footwear specialist Clarks has announced a temporary closure of all of its UK and Ireland stores in the wake of the coronavirus pandemic.
